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Dollar, euro propped up by better economic data
The dollar held gains versus the yen on Friday and the euro stood steady after rebounding from an eight-month low against the greenback as data painted a brighter picture of the U.S. and eurozone economies. The dollar was little changed at 101.76 yen after gaining more than 0.3 percent overnight to a two-week high of 101.86 after weekly U.S. filings for first-time jobless benefits fell to the lowest level since early 2006. The greenback, which has been closely tracking U.S. debt yields, was also helped by a rise in yields after the strong employment indicator. It was poised to gain about 0.4 percent on the week ... (full story)